Snapdeal arrives at deal to raise $20 mn

Jasper Infotech, the company which runs the e-commerce portal Snapdeal.com, is understood to have broadly arrived at a deal to raise $20 million through the private equity route, after some tough negotiations. While there were reports that the transaction can happen at a valuation of as much as $300 million, it is understood that the […]

Woodland to go solo in global expansion

Adventure shoe maker Woodland’s global expansion plans have an element of adventure. It will have own distribution network and deal with retail chains in foreign countries directly rather than tying up with a foreign partner for the same, said Harkirat Singh, managing director of Aero Group, which owns the Woodland brand. Aero Group plans to […]

Wal-Mart to start using its stores to get Internet orders: reports

Wal-Mart Stores InC has reportedly said that it would start using its stores to get Internet orders to customers faster. Wal-Mart said that it would soon test having lockers to hold goods ordered on the Internet in stores until shoppers pick them up, report says. Wal-Mart is the world’s largest retailer by overall sales, on […]

LimeRoad to expand operations

New Delhi: LimeRoad, an online shopping site for women, will expand its operations to the US and UK by June-July. It also plans to expand its operations in 23 countries in the coming months. “We will first expand our operations in the developed markets of the US and the UK as the markets there offer […]

British Indian designer- Keith Khan to launch sporty sarees in India

LONDON: British Indian artist and designer Keith Khan is all set to launch an exclusive range of digitally designed sarees for the modern Indian woman. The silk sarees featuring vector graphic patterns and accompanied by lycra sports-bra style blouses will be unveiled in Mumbai as part of India Design Week in March. “These have been […]

LVMH targets 20% share of India’s luxury watch market

French multinational luxury goods conglomerate Louis Vuitton Moet Hennessy (LVMH) is aggressively looking to tap watch and jewellery segments in India. The company is planning to open eight standalone boutiques across the country. While cashing in on its growing popularity among the rich and famous, LVMH aims to be the leader in the luxury watch […]

Furla seeks FIPB nod for India joint venture with Genesis Luxury Fashion

Italian premium handbag and accessories retailer Furla has sought government’s approval to open single-brand retail outlets in the country through a joint venture with New Delhi-based Genesis Luxury Fashion. The Italian brand known for its women’s handbags and shoes has sought the Foreign Investment Promotion Board (FIPB) approval to form a 51%-49% venture with Genesis. […]

Cuponation.in online Holi campaign with Poonam Pandey

Holi is around the corner and so is the irrefutable splash of colours! This Holi, cuponation.in, India’s leading couponing website goes beyond the regular fare like offering kurtas, colours and sweets online and instead has initiated a new campaign- “Chaddi for Chaddi buddy”. Value 360 Communications, has designed the campaign to enhance the brand recall […]

Costa Coffee to open 200 more stores in India by 2015

Costa Coffee, the coffee shop chain brand under the UK-based multinational hotel, coffee shop and restaurant company Whitbread, is looking at expanding its presence in India with another 200 outlets within 2015, which would require an investment of around Rs 200 crore. The company, which claims as the world’s second largest coffee chain,is planning to […]

Tata Starbucks launches new outlet in Delhi

New Delhi: Expanding its footprint, coffee chain Tata Starbucks today opened its ninth outlet in the country with the inauguration of its latest cafe in South Delhi. Commenting on the launch, Tata Starbucks Chief Executive Officer Avani Davda said, “Our customers in New Delhi have extended a very warm welcome to us and we are […]